Eurozone Employment Rises At Steady Pace

World » EU | September 12, 2018, Wednesday // 10:19| Views: | Comments: 0
Bulgaria: Eurozone Employment Rises At Steady Pace

BRUSSELS (Alliance News) - Eurozone employment increased at a steady pace in the second quarter, data from Eurostat showed Tuesday.

Employment increased 0.4% sequentially in the second quarter, the same rate as seen in the first quarter. The annual growth also remained unchanged, at 1.5%.

According to Eurostat estimate, there were 158 million employed, the highest on record. Employment in EU28 climbed 0.4% on quarter and by 1.4% annually in the second quarter.

Among member states, Estonia, Poland, Cyprus and Luxembourg reported the highest increases compared with the previous quarter. Meanwhile, a decrease was observed in Latvia, Portugal, Romania and Bulgaria.

Copyright RTT News/dpa-AFX

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